--- title: "HSN Code for Other Articles of Precious Metal | HSN 71159090 GST Rate" description: "Find HSN and GST Rates for 71159090 related to Other Articles of Precious Metal with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-71159090/" --- # HSN Code 71159090: Other Articles of Precious Metal - [Section 14: Guide to HSN Section 14](https://busy.in/hsn/section-14/) - [Chapter 71: Natural Pearls & Metals](https://busy.in/hsn/chapter-71/) - [Sub-chapter 7115: Precious Metal Items](https://busy.in/hsn/sub-chapter-7115/) ## GST rates | Description | CGST | SGST | IGST | CESS | | --- | --- | --- | --- | --- | | Other: Other | 1.5% | 1.5% | 3% | 0% | ## Frequently asked questions ### What products are classified under HSN 71159090 ? It includes Precious Coins of Gold, Silver ### Can we claim ITC on inputs used to trade Other Articles of Precious Metal? If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42. ### Do e‑way bill and e‑invoice apply for Other Articles of Precious Metal? e‑Way bill is needed above ₹50,000 consignment value (subject to exemptions). e‑Invoicing is turnover‑based (presently AATO > ₹5 crore) for B2B supplies. ### Does packaging or labelling change the GST for Other Articles of Precious Metal? For food/agri items, GST can be 5% when not fresh/chilled and sold as pre‑packaged & labelled; otherwise often Nil. For non‑food items, rates depend on the specific sub‑heading. ### How should mixed supplies be billed when Other Articles of Precious Metal is sold with other items? Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Other Articles of Precious Metal; Nil for exempt items if applicable). ### How much GST applies to Other Articles of Precious Metal? Under HSN 71159090, Other Articles of Precious Metal attracts Varies when sold in taxable form. Describe the exact form on the invoice. ## India's trade performance: HSN Code 71159090 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹3 Cr (−89.56% YoY) — 0.0001% of India's total exports - Imports: ₹23 Cr (+43.38% YoY) — 0.0004% of India's total imports - Trade balance: −₹20 Cr (Deficit); surplus rank #9571 of 12657 HSN codes - Share of Sub-Chapter 7115: 11.05% of its exports; import side 4.72% - Rank within Sub-Chapter 7115: #3 of 4 by export value; import-side #2 ### Key metrics - Export CAGR: -6.83% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #7214 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +1,002.24% in FY 2021-22 - Contribution to Sub-Ch. 7115: 11.05% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 71159090 7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB. | FY | Exports (₹ Cr) | Exp share | Exp YoY | Exp % of Sub-Ch. 7115 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 7115 | Trade balance | Exp rank | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | FY 2018-19 | 4.51 | 0.0002% | — | 24.82% | 15.01 | 0.0004% | — | 65.57% | −10.50 | #5986 | | FY 2019-20 | 3.17 | 0.0001% | −29.71% | 16.82% | 29.06 | 0.0009% | +93.60% | 53.93% | −25.89 | #6392 | | FY 2020-21 | 1.34 | 0.0001% | −57.73% | 12.98% | 23.09 | 0.0008% | −20.54% | 82.26% | −21.75 | #7391 | | FY 2021-22 | 14.77 | 0.0005% | +1,002.24% | 41.89% | 28.66 | 0.0006% | +24.12% | 79.11% | −13.89 | #4987 | | FY 2022-23 | 7.21 | 0.0002% | −51.18% | 39.79% | 30.40 | 0.0005% | +6.07% | 15.78% | −23.19 | #6042 | | FY 2023-24 | 28.25 | 0.0008% | +291.82% | 65.20% | 16.32 | 0.0003% | −46.32% | 6.47% | +11.93 | #4328 | | FY 2024-25 | 2.95 | 0.0001% | −89.56% | 11.05% | 23.40 | 0.0004% | +43.38% | 4.72% | −20.45 | #7214 | - CAGR (7-year): exports -6.83%/yr, imports 7.68%/yr (consistently Deficit) ## Key trade insights: HSN Code 71159090 export-import analysis ### Export decline: -6.83% CAGR over 7 years India's exports under HSN Code 71159090 have declined at a compound annual rate of -6.83% over 7 fiscal years, falling from ₹4.51 Crore in FY 2018-19 to ₹2.95 Crore in FY 2024-25. ### HSN Code 71159090 ranked #7214 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 71159090 ranks #7214 out of 12657 HSN codes by total export value. Within Sub-Chapter 7115, it ranks #3 of 4. By trade surplus, it ranks #9571 of 12657. ### FY 2021-22 was the strongest growth year for HSN Code 71159090 exports The strongest single-year export movement for HSN Code 71159090 was recorded in FY 2021-22, when exports surged by 1,002.24% over the prior year. ### India records a trade deficit of ₹20.45 Crore in HSN Code 71159090 goods In FY 2024-25, India's imports of ₹23.40 Cr exceeded exports of ₹2.95 Cr, resulting in a trade deficit of ₹20.45 Crore — ranking #9571 of 12657 by surplus magnitude. ### Import growth of 7.68% CAGR signals stable import dependency for Other Articles of Precious Metal India's imports under HSN Code 71159090 have grown at 7.68% CAGR, reaching ₹23.40 Crore in FY 2024-25. ### HSN Code 71159090 contributes 11.05% of Sub-Chapter 7115 exports — ranked #3 Among the 4 HSN codes under Sub-Chapter 7115, HSN Code 71159090 ranks #3 by export value — accounting for 11.05% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 4.72% share (rank #2). ## Related HSN Codes in Sub-Chapter 7115 Ranked by export value (FY 2024-25). | Rank | HSN Code | Exports (FY 2024-25) | | --- | --- | --- | | #1 | [HSN Code 71159010: Laboratory Articles of Precious Metal](https://busy.in/hsn/hsn-71159010/) | ₹20 Cr | | #2 | [HSN Code 71151000: Other Articles of Precious Metal](https://busy.in/hsn/hsn-71151000/) | ₹4 Cr | | #3 | HSN Code 71159090: Other Articles of Precious Metal (this hsn code) | ₹3 Cr | | — | [HSN Code 71159020: Spinnerets Made Mainly of Gold](https://busy.in/hsn/hsn-71159020/) | Nil |